1575 Winchester Road, Lexington, KY 40505
Office
for Sale
| Catylist Listing ID: |
30841142 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
47,228 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$7,750,000 |
| Unit Price: |
$164.10 PSF |
| Property Use Type: |
Investment |
| Class of Space: |
Class A |
| Usable Size (USF): |
45,909 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/17/2023 |
Overview / Comments
We are pleased to present this rare investment opportunity to purchase a fully occupied & renovated Class A office building in Lexington,
Kentucky. Totaling 45,909 SF, the 7.028 acre parcel is located at the highly visible intersection of E New Circle Road and Winchester Road. The building is currently leased to three creditworthy tenants with triple net leases, making this a strategic investment opportunity.
|
Additional Details
| Nearest MSA: |
Lexington-Fayette |
| County: |
Fayette |
| Tax ID/APN: |
14777901 |
| Zoning: |
B-3 |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Parking Type: |
Surface |
| Total Parking Spaces: |
364 |
| Zoning Description: |
Highway Service Building |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,973 |
99,910 |
204,169 |
| Median Age: |
38.24 |
35.44 |
34.4 |
| Households: |
5,388 |
42,377 |
88,150 |
|
The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
|
